Israeli shekel hits fresh low as fears of extended conflict mount

Canada News News

Israeli shekel hits fresh low as fears of extended conflict mount
Canada Latest News,Canada Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Jamie Chisholm is a markets reporter based in London.

The Israeli shekel fell for an eighth consecutive session on Thursday, hitting its weakest versus the dollar since 2015, as the war with Hamas continued.

Fears that Israel’s economy will be damaged by a drawn out conflict caused Fitch Ratings on Tuesday to warn it may have to downgrade the country’s A+ rating. The Tel Aviv 125 equity index XX:TA100 sits near a two-year low having lost 9% in just the last month. U.S. investors can track the market via the iShares MSCI Israel ETF EIS.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasury yields higher as traders eye retail sales dataTreasury yields higher as traders eye retail sales dataJamie Chisholm is a markets reporter based in London.
Read more »

U.K. housebuilder to construct nearly a third fewer homes next year as market stallsU.K. housebuilder to construct nearly a third fewer homes next year as market stallsJamie Chisholm is a markets reporter based in London.
Read more »

S&P 500 futures ease as Treasury yields hit fresh highs, Tesla results loomS&P 500 futures ease as Treasury yields hit fresh highs, Tesla results loomJamie Chisholm is a markets reporter based in London.
Read more »

Benchmark Treasury yields choppy after touching 16-year highs on strong economic data, rising oil pricesBenchmark Treasury yields choppy after touching 16-year highs on strong economic data, rising oil pricesJamie Chisholm is a markets reporter based in London.
Read more »

S&P 500 futures extend losses as Treasury yield nears 5%, Powell speech loomsS&P 500 futures extend losses as Treasury yield nears 5%, Powell speech loomsJamie Chisholm is a markets reporter based in London.
Read more »

Bitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory ServiceBitcoin Financial Services Firm Unchained Looks to Attract Wealthy Clients With New Advisory ServiceJamie Crawley is a CoinDesk news reporter based in London.
Read more »



Render Time: 2025-03-01 12:45:14